5 5.3. COMPARED CONSOLIDATED BALANCE SHEETS ASSETS € millions Notes 31.12.2021 31.12.2020 31.12.2019 Non-cu rrent assets 30,937.6 29,046.8 29,893.3 Goodwill 7.1 11,074.5 10,514.2 9,585.6 Other intangible assets 7.2 3,462.8 3,356.3 3,163.8 Right-of-use assets 3.2 1,507.6 1,525.3 1,892.3 Tangible assets 3.2 3,266.2 3,225.2 3,644.3 Non-current financial assets 9.3 10,920.2 9,604.8 10,819.1 Investments accounted for under the equity method 8 9.9 11.1 10.9 Deferred tax assets 6.3 696.5 809.9 777.3 Current assets 12,075.8 14,560.1 13,916.5 Inventories 3.3 3,166.9 2,675.8 2,920.8 Trade accounts receivable 3.3 4,021.0 3,511.3 4,086.7 Other current assets 3.3 2,037.9 1,732.7 1,474.9 Current tax assets 136.2 234.4 148.1 Cash and cash equivalents 9.2 2,713.8 6,405.9 5,286.0 TOTAL 43,013.4 43,606.9 43,809.8 EQUITY & LIABILITIES € millions Notes 31.12.2021 31.12.2020 31.12.2019 Equity 11 23,592.6 28,998.8 29,426.0 Share capital 111.5 112.0 111.6 Additional paid-in capital 3,265.6 3,259.8 3,130.2 Other reserves 19,092.2 18,642.5 16,930.9 Other comprehensive income 5,738.6 4,304.5 5,595.8 Cumulative translation adjustments -279.1 -889.2 -99.2 Treasury shares -8,940.2 — — Net profit attributable to owners of the company 4,597.1 3,563.4 3,750.0 Equity attributable to owners of the company 23,585.7 28,993.0 29,419.3 Non-controlling interests 6.9 5.8 6.7 Non-current liabilities 2,837.6 3,478.0 3,515.3 Provisions for employee retirement obligations and related benefits 5.4 360.6 1,013.5 772.9 Provisions for liabilities and charges 12.1 63.8 56.8 56.9 Non-current tax liabilities 6 344.8 397.9 310.2 Deferred tax liabilities 6.3 810.3 706.6 737.7 Non-current borrowings and debt 9.1 10.7 8.5 9.6 Non-current lease debt 9.1 1,247.5 1,294.7 1,628.0 Current liabilities 16,583.2 11,130.1 10,868.5 Trade accounts payable 6,068.1 4,764.5 4,658.4 Provisions for liabilities and charges 12.1 1,223.3 1,224.7 1,117.8 Other current liabilities 3.4 3,980.8 3,682.5 3,508.5 Income tax 268.9 215.1 334.8 Current borrowings and debt 9.1 4,619.4 856.4 841.2 Current lease debt 9.1 422.8 386.9 407.9 TOTAL 43,013.4 43,606.9 43,809.8 L ’ ORÉAL I UNIVERS AL REGISTRATION DOCUMENT 2021 287 2021 CONSOLIDATED FINANCIAL STATEMENTS Compared consolidated balance sheets